ICICI Pru Guaranteed Pension Plan
Secure life post retirement with regular, guaranteed income
Your retirement is a milestone worth celebrating. After all, it is something you
have been looking forward to. You can go on that long-awaited world tour, follow
new hobbies, spend more time with family and friends, or pursue your dreams –
all at your own pace.
You can power all of these when you have the surety of a regular income that will
continue for the rest of your life. We understand how important this is for you.
That’s why, we bring to you ICICI Pru Guaranteed Pension Plan that gives you all you need to live a worry-free life even after retirement.
Guaranteed regular income. Lifelong
You can fulfil all your dreams and commitments while maintaining the same
standard of living.
With ICICI Pru Guaranteed Pension Plan, you just need to invest once and decide
when you want to start receiving your income. Then, just sit back and relax.
You will receive your regular income as per your choice – every month, quarter,
six months or year – for the rest of your life.
Customised for your unique needs
Every retirement is unique. You may want to go after your dreams like travelling
the world or spending time with friends and family. You may wish to finance your
child’s higher education or plan for their marriage. There may be multiple ways
you want to spend your retirement days. You can also plan exactly when you
want your regular income to start – immediately or after a period of up to 10 years.
You can also choose the frequency at which you want to receive your income –
monthly, quarterly, half-yearly or yearly.
ICICI Pru Guaranteed Pension Plan gives you the power to customise your plan
based on your needs.
Your money is 100% safe
When you buy ICICI Pru Guaranteed Pension Plan, your money is safe from any
kind of market volatility. You do not have to worry about market fluctuations .
You will also know exactly how much regular income you will receive monthly,
quarterly, half-yearly or yearly.
Rest assured, your income is guaranteed for life.
All you need to decide is whether you want to get the regular income immediately
or at a later date.
Get your investment back
ICICI Pru Guaranteed Pension Plan is a first-of-its-kind annuity plan that gives you your money back 2 during your lifetime. You can choose the ‘Return of Purchase Price’ option and get back the initial amount you invested. Here are 3 unique options to choose from:
- 50% of the amount is returned at the age of 80 and the rest on death
- The entire amount is returned at the age of 80
- At the age of 76 3 , the amount is returned in parts along with your regular income and the balance amount, if any, is returned in case of an unfortunate event
You may wish to start your regular annuity immediately so you get regular income from the day you retire.
ICICI Pru Guaranteed Pension Plan – Immediate Annuity is the solution for you.
You may have a few years before you retire and are looking to secure your post- retirement years with regular income.
ICICI Pru Guaranteed Pension Plan – Deferred Annuity is the solution for you.
You may want a regular income to secure your family’s future in your absence.
With the ‘Return of Purchase Price’ option, get back the initial amount you invested at the age of 76 3 years or in the case of a critical illness or permanent disability 4 or demise
You can choose to secure your spouse or child with the ‘Joint Life’ option where they will continue to receive the regular income for their lifetime as well, in your absence